CAC 40 Up 22 Points In Midday Trade; Banks Lead Gains

(RTTNews.com) – French shares eked out modest gains on Tuesday after a strong performance on Wall Street overnight.
The yen weakened ahead of a G7 meeting and commodities such as oil, copper and aluminum enjoyed a broad rally, further aiding investor sentiment.
In economic releases, the euro area trade surplus rose to a 3-month high of 22.3 billion euros in March from 20.6 billion euros in February, as imports fell by much more than exports, Eurostat said.makeAd(‘4′,’300×250′,’mktsnews’,’article’,”,”);
Banks Credit Agricole, BNP Paribas and Societe Generale Group rallied 2-3 percent on optimism that Greece and its lenders will seal a final accord on long-desired debt relief by May 24.
Total SA shares rose half a percent as U.S. crude futures extended overnight gains to hit a seven-month high on worries about global supply outages.

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